Accounting Today

JULY 25, 2023

The Treasury Inspector General for Tax Administration said the IRS does an admirable job addressing cyberthreats, but said the agency should improve its documentation of them.

Tax 98

Tax Technology 98

CPA Practice

DECEMBER 1, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss TeamMate Document Linker for External Audit, a solution from Wolters Kluwer designed for CPAs, saving junior auditors time, strengthening audit quality, and improving auditor satisfaction. The team mate document linker for external audit. Randy Johnston Good day.

Technology 98

Technology auditor audit CPA 98

CPA Practice

FEBRUARY 21, 2023

Taxpayers who receive certain notices from the IRS and are required to send information to the agency now have the option of submitting that documentation online through IRS.gov. This provides immediate benefits to taxpayers, who have nearly instant confirmation that documents were received by the IRS. CP08 , relating to the CTC.

income tax 110

income tax Tax online accounting Account 110

Randal DeHart

SEPTEMBER 15, 2023

Unfortunately, when a construction business grows, and staff need to be hired – or the owner needs to take time away from the company – it's an absolute liability not having processes and systems documented in one place. To be in business and to remain in business, become a business person!

Construction 88

Construction quickbooks bookkeeping Account 88

Canopy Accounting

OCTOBER 19, 2022

Document management is a core element of every accounting project, but it can quickly become a headache if you don’t have a good system in place. Here are a few key things to keep in mind as you create your document management strategy.

Account 98

Account accountant accounted 98

Canopy Accounting

NOVEMBER 1, 2022

Your document management system is a big part of your accounting firm’s success. Drop the ball on document management, and your entire workflow grinds to a halt. At least you hope that it is. It could also be the weak spot that prevents your firm from growing.

Account 81

Account accountant accounted 81

Cherry Bekaert

JUNE 19, 2023

One of the most important aspects to examine when applying for the Employee Retention Credit (ERC) is the documentation to support your claim to the credit. Our team has assisted many clients since March of 2020 to aid in proper documentation in the application process.

52

52

FraudFiles

AUGUST 7, 2023

Tracy Coenen and Miles Mason talk about some of the financial documents that should be requested during discovery in a divorce case: some of them are obvious, while others are not. Check out this video to find out the more created documents and why they can be important.

52

52

Dent Moses

DECEMBER 19, 2022

As we enter the giving season, make sure you have the proper documentation to substantiate a gift for tax deduction purposes. The post Charitable Contribution Documentation appeared first on Dent Moses, LLP. Approximately 30% of annual charitable giving in the US occurs in December.

tax return 52

tax return Tax Construction Account 52

FraudFiles

AUGUST 15, 2023

In divorce and child support matters, participants make claims about their income, but the documents often show something different. Memphis divorce lawyer Miles Mason explains the difference between claimed income and documented income.

52

52

Anders CPA

OCTOBER 3, 2023

In this webinar, Anders advisors will promote best practices for keeping disclosures within tolerance and other tips to streamline processes to get required documents to your borrowers in a timely manner.

Education 96

Education CPA 96

FraudFiles

MAY 2, 2022

Miles Mason, a Memphis divorce attorney, has a great article on his blog called Grab the Documents: What Spouses Need to Copy for Divorce Lawyers. Divorcing spouses always wonder what documents they need to take, and the list provided by Miles is a great roadmap. Documents are going to include both paper and digital records.

Real Estate 52

Real Estate income tax tax return financial statements 52

CPA Practice

JULY 12, 2023

SmartVault, a leading provider of an integrated, cloud-based document management system (DMS) and client portal platform, has launched SmartRouting, a feature that creates logical, effortless organization between Thomson Reuters UltraTax CS tax application and SmartVault.

tax return 52

tax return Tax Account accountant 52

Intuitive Accountant

AUGUST 16, 2022

In the second of a three-part series, Liz Scott shows what document fetching apps can help you automate the collection and download of documents.

90

90

FraudFiles

APRIL 27, 2023

What documents must be obtained in a divorce proceeding when your forensic accountant needs to evaluate and investigate the income of the parties? In the below video, Tracy Coenen lists some of the basic documents that are needed to analyze wages, self-employment income, and investment income.

forensic accounting 52

forensic accounting Account accountant accounted 52

Summit CPA

APRIL 18, 2024

If you're a business owner interested in scaling your business , consider establishing systems to take your company to the next level. You can accomplish this by taking a step back from your company and viewing it as a collection of separate systems. This approach will help you identify the current processes you have in place for various tasks.

CPA 52

CPA Account accountant accounted 52

CPA Practice

JANUARY 24, 2024

Wolters Kluwer has announced that multinational companies that use the SAP Document and Reporting Compliance solution can now manage their U.S. This new functionality is made possible thanks to a new, native integration between the SAP Document and Reporting Compliance solution and the Wolters Kluwer CCH SureTax solution. Because U.S.

Technology 52

Technology Tax accounting and finance Legal 52

SMBAccountant

AUGUST 26, 2020

Receipts, emails, contracts, timecards… the list of items a small business must maintain as documentation goes on and on! When a small business enters the world of government contracting, the risk associated with maintaining supporting documentation increases significantly. Does your documentation prove that?

Government 100

Government Account accountant accounted 100

SMBAccountant

AUGUST 26, 2020

Receipts, emails, contracts, timecards… the list of items a small business must maintain as documentation goes on and on! When a small business enters the world of government contracting, the risk associated with maintaining supporting documentation increases significantly. Does your documentation prove that?

Government 100

Government Account accountant accounted 100

Going Concern

SEPTEMBER 30, 2022

auditing requirements because in numerous audits over numerous years Deloitte China asked clients to select their own samples for testing and to prepare their own audit documentation. The post The Talent Shortage Has Gotten So Bad Clients Are Now Doing Their Own Audit Documentation appeared first on Going Concern.

audit 92

audit auditor financial statements public accounting 92

Menzies

AUGUST 12, 2022

The UK Government has tabled draft legislation setting out new transfer pricing documentation requirements that will affect the largest UK businesses. The post UK Transfer Pricing Documentation Changes Ahead was written by Menzies Demi Fossitt and appeared first on Menzies LLP. ” Are your transfer pricing policies up to date?

chartered accountant 52

chartered accountant tax return audit Maine 52

Cherry Bekaert

APRIL 18, 2023

Commissioner [1] (Little Sandy Coal), the Court determined that the taxpayer did not provide the proper documentation to support its experimentation process necessary fo purposes of claiming the R&D tax credit. Taxpayers should pay special attention to documenting the involvement and actions of these individuals in research activities.

Tax 72

Tax income tax Construction tax return 72

Canopy Accounting

SEPTEMBER 1, 2022

A sharp, well-organized document management system benefits your accounting firm in important ways. An upgraded, industry-leading document management system will bring 3 massive benefits to your firm and its accountants, including:

Account 52

Account accountant accounted accounting firms 52

Anders CPA

OCTOBER 3, 2022

Since the Plan are regulated plans and must be able to show compliance in various areas, we strongly recommend that implement a Document Retention Plan that covers all important areas related to the Plan. Lastly, saving documents does you no good if you later can’t find where you stored them. Request a 401(k) Audit Consultation.

audit 52

audit payroll CPA auditor 52

FraudFiles

JANUARY 13, 2022

What documents do you need? When a closely held business is being evaluated in connection with a family law case, the following business-related documents may be requested: Business ownership records (stock certificates, charters, operating agreements, joint venture agreements, corporate minutes, or other related documents).

general ledger 52

general ledger income tax tax return financial statements 52

LSLCPAs

FEBRUARY 13, 2023

Don’t wait until the last minute to get these five documents if you’re changing 401(k) auditors. The post Five Documents You Need If You’re Changing 401(k) Auditors appeared first on LSL CPAs. Accountants really do like to make people’s lives easier.

auditor 52

auditor cpas Account accountant 52

Xero

OCTOBER 28, 2022

Here, Andy shares why he’s passionate about staying up to date with the latest tools and gadgets, and how he makes the most of document packs in his practice — a secure solution within Xero HQ that helps you easily collate, send and e-sign documents. Andy now uses document packs whenever he needs to share a document.

tax return 62

tax return Technology Tax Account 62

Canopy Accounting

MAY 11, 2023

What's new: Users can now apply retention rules on document folders to designate a specified amount of time to retain any files inside those folders.

52

52

Cherry Bekaert

MARCH 13, 2023

Authors: Andre Kohn, Senior Associate, Tax Credits & Incentives Advisory and Bill Haberson, Manager, Tax Credits & Incentives Advisory On February 21, 2023, the Internal Revenue Service (IRS) released a new Form 7205 requiring documentation for the Energy Efficient Commercial Building Deduction. per square foot in tax deductions.

Construction 52

Construction Tax Government 52

Accounting Today

AUGUST 22, 2023

You got your taxes filed by the skin of your teeth last year and before. But what if you're audited? What if you need a loan? Are you ready?

audit 98

audit Tax Technology 98

ThomsonReuters

MAY 2, 2023

Specifically, we’ll look at the need for auditors to maintain professional skepticism and document their work thoroughly to improve audit effectiveness and efficiency. Revised audit documentation requirements Among the new provisions in SAS 145 is the revision of the audit documentation requirements.

audit 52

audit auditor financial statements Account 52

ThomsonReuters

NOVEMBER 11, 2021

In fact, a global effort is underway to tighten the restrictions and increase the documentation requirements for this practice, adding a significant amount of work and responsibility to the task of the corporate tax professional. What is transfer pricing documentation? transfer pricing documentation. What is transfer pricing?

audit 52

audit Tax corporation tax Government 52

Accounting Today

DECEMBER 15, 2023

Under Development; lack of security; CI at work; and other highlights of recent tax cases.

Tax 63

Tax tax preparation 63

Canopy Accounting

NOVEMBER 11, 2022

.* The right software empowers you to level up document management at your accounting firm. Take a look at how document management software can solve these common issues. When you improve your file management workflow, a ripple effect happens and you’ll find most other workflows at your firm are streamlined as well.

accounting firms 40

accounting firms Account accountant accounted 40

Snyder

JULY 22, 2022

How to Document Data in a Business Report. It’s important you understand what to include in a business report and how to present data in a way that is both informative and easy to understand. In this article, we will explore how to go about writing a business report in a step-by-step manner.

E-commerce 52

E-commerce Maine Start-ups Account 52

ThomsonReuters

MARCH 16, 2023

The trial court disagreed, holding that exhaustion of the plan’s internal claims procedures was not required where no language about procedures existed in the underlying plan document and concluding that the plan’s intentionally self-inflicted injury exclusion did not apply to this situation (see our Checkpoint article ).

Tax 52

Tax Account accountant accounted 52

Going Concern

JULY 21, 2023

Big 4 Senator calls for Deloitte to face fresh grilling over claims ex-partner David Milo shared military documents [ ABC News (Australia)] A federal senator says reports of a former Deloitte partner leaking confidential defense documents demonstrate the “threat” consulting firms pose to Australia.

audit 86

audit Tax Manufacturing Government 86